AdvertisementMeta took issue with several parts of Economides' testimony, which remains under seal and had many specific references redacted from Meta's filing.
In his testimony, Economides valued individual Facebook user data at least $5 a month per user, according to Meta's summation of it.
In the present day, that would mean Meta paying out tens of billions each month for user data, as Zuckerberg said in fourth-quarter earnings that over 3.1 billion people use at least one Meta app each day.
Meta disagreed and told the court that Economides' testimony was effectively "junk science" with "no real-world support" and should be thrown out.
"No firm like Meta, in any market, has paid all its users as a competitive response—ever," lawyers for Meta wrote.
Persons:
Meta, Mark Zuckerberg, Javier Olivan, Guy Rosen, Nicholas Economides, Economides, Zuckerberg, Kali Hays
Organizations:
Service, Facebook, Meta, Business, New York University, Google
Locations:
khays@businessinsider.com